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* DISCOVER FLEXIBLE LICENSED AND SELF-LICENSED SOLUTIONS FROM AMP ADVICE,
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helps you stay on track and rewards you for taking control of your
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accredited data recipients.
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upgrades, such as sending near real time payments and access to more
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are a few important factors to consider.
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most of its features like debt recycling, consolidate and refinancing
home loan. Find out more today with AMP.
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usually through renting a place to someone else. Find out more with AMP.
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loan at AMP Bank. Find out more today with AMP.
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superannuation? AMP offers super funds and tools to track, and grow your
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AMP have award-winning superannuation products to help you live a
comfortable retirement. Find out more today.
* Self Managed Super Funds (SMSF)
AMP have a wide range of SMSF bank account products to help you
personalise your super to suit you. From our loan product to cash
account, AMP will asses each individual customer and advise the best
package for you.
* Your fund details
Get the detail of fund names, their products and their Australian
Business Numbers (ABNs), Registrable Superannuation Entities (RSEs),
Super Fund Numbers (SFNs) and Unique Superannuation Identifier/Super
Product Identifier Number (USI/SPINs).
* Consolidating your super
Find out how we could help you consolidate your super from multiple
funds into a single account. Get help to take control of your super now!
* Contributing to your super
Looking to grow your super? Did you know you can make contributions on
top what your employer makes? Find out how with AMP.
* Find your lost super
Australians have billions of dollars in unclaimed super. AMP can help
you find and reclaim your super. Get help to take control of your super
now!
* Manage your AMP super
It’s easy to manage your AMP Superannuation with My AMP online. You can
manage your investments and view your account balance 24 hours a day, 7
days a week.
* Superannuation tools & calculator
Use our superannuation calculators and tools to find out your super
balance might be at retirement and plan how to grow your super balance.
* Super basics
Many people think of their super as an investment that takes care of
itself but the choices you make about your super and investments could
make a big difference to your quality of life in retirement.
* Managing super
Want to make the most of your super? Here are ways to take control of
your super and get it sorted to make sure your retirement savings are on
track.
* Super contributions
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interested to know that there are more ways than one to top up your
super.
* When Can I Access My Super?
Generally, you can access your super when you reach your preservation
age and retire, but there could be special circumstances under which you
might access your super early.
* Accessing your super early
If you need to take your super early for compassionate reasons or
financial hardship due to coronavirus, find out more about the related
government conditions, and any tax implications.
* Stock market movements and your superannuation
Share markets are falling. Should you be thinking about your super?
Lakshman Anantakrishnan, Chief Investment Office of AMP Australia
discusses the importance of understanding the risk in your portfolio.
* Insurance in super
Many super plans include insurance as part of their offer. It’s often
seen as a tax effective benefit that can help protect you and your
famiy.
* Super investment risks
Learn about the investment risks associated with super and how they can
be managed.
* FAQs - understanding investment risks inside super
FAQs to help you understand investment risks inside your super.
* Super and investing
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Wealth Personal Superannuation and Pension
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Starting your retirement journey? AMP will help you plan for your
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retirement.
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* * Retirement pension accounts
Plan your retirement with an AMP pension. Our allocated (or
account-based) pensions can provide you with a regular income stream in
retirement. Find out more today.
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online, 24 hours a day, 7 days a week. Find out how.
* Retirement calculator
Use our retirement tools and calculators to estimate how much you need
in retirement and how much income you might have in retirement, and how
long it will last.
* Make the most of your retirement
Get up to speed on how you could live your best retirement, looking at
things such as accessing your super, making the most of your
entitlements and the living options available.
* What’s the best way of saving for retirement at my age?
There are different strategies for saving for retirement at every age.
Read retirement planning tips and what to focus on in your 20s, 30s,
40s, 50s and 60s
* Retirement health check
If you have AMP super and need help preparing for retirement, book a
complimentary chat with a retirement specialist.
*
* Investments
* INVESTMENTS
View our range of investment solutions and find an investment option that
could be right for you with AMP. Find out more today.
Learn More
* * Goals-Based Funds
Goals-based investing is an approach which aims to help people meet
their personal and lifestyle goals, whatever they may be, in a
straightforward and simple way.
* Experts' Choice Funds
Experts’s Choice Funds include diversification across a full suite of
multi-manager diversified and single asset class investment solutions.
* Future Directions Funds
Future Directions Funds invest in a range of asset classes with the aim
of enhancing diversification and improving risk-adjusted returns.
* Specialist Funds
Specialist Funds aim to outperform their respective benchmarks over the
long term by taking into account our understanding and analysis of
market cycles.
* Other Funds
AMP Investments provide diversification across asset classes, manager
types and manager styles, with the aim of achieving growth with smoother
returns.
* Legal and Regulatory Information
View AMP Investment's legal and regulatory information.
* Tools and calculator
Use our investment tools and calculators to find out which investor
style you are and the difference between investing a lump sum or
regularly over a period of time.
* Manage your investments online
Manage your investments with AMP. Update your details, download the AMP
mobile app and change your investment options online in mere minutes.
* Flexible Lifetime® Investment
Flexible Lifetime® - Investments allows investors high portfolio
diversification managed by professional managers, even if you don't have
a lot to spend.
* AMP Personalised Portfolio
AMP Personalised Portfolio combines professionally managed model share
portfolios, managed funds, shares and cash in one easy-to-use investment
platform.
* What is investing?
Investing can be a smart way to save. AMP covers the investing basics to
help you understand what investing is, your options for growing your
money and strategies for increasing your wealth over time.
* Managing investment risk
Working out your risk profile is the first step towards developing a
diversified investment portfolio. So before you plunge in and start
building your investment portfolio, it’s important to have a plan.
* MyNorth Investment
MyNorth Investment offers two capital guarantee options letting you
benefit from any market growth. Choose between managed funds, shares and
more.
* How to invest
Access a wide range of investment funds. AMP stand apart for it's
multi-asset solutions, which are built around maximising investment
results for clients.
* Responsible Investing
AMP believe attention to ESG considerations improves long-term financial
outcomes and creates a sustainable and equitable future for our members
and the community.
* Responsible and ethical investing
If you’d like your money to make a difference to the world as well as to
your future, ethical investing may be for you. Learn about ESG
considerations and the options available to you.
* Advice
* ADVICE
AMP Financial Advisers are committed to providing quality financial advice
and services based on your individual needs. Find out more today!
Learn More
* * Face-to-face financial advice
AMP financial advisers are committed to providing you with quality
financial advice and services based on your needs, goals and current
situation. Find out more about AMP face-to-face financial advice
* Goal 360 experience
The innovative Goals 360 experience is an interactive, personalised
approach to advice that has your goals at its heart. It can help you
explore, plan, track and most importantly realise your goals.
* AMP advice practices
We have financial advisers near you. Find and get in touch with your
closest AMP Advice participating practice
* Find an adviser
* Different types of advice
The type of financial advice you need will depend on your stage of life,
how much money you have to invest, and what you are trying to achieve.
Here we explain your financial advice options
* What is financial advice
Personal financial advice isn’t just for complex situations; it could
include rearranging your budget, making informed decisions about saving
and investing or considering your insurance needs.
* Advice options
The type of financial advice you need will depend on your stage of life,
how much money you have to invest, and what you are trying to achieve.
Find out more about different types of advice here
* Manage your account online
AMP financial advisers are committed to providing you with quality
financial advice and services based on your needs, goals and current
situation. Make sure you’re getting the most out of your advisor
relationship. Find out how.
* AMP Advice Practices
* AMP phone based advice
* Simple super advice
AMP's simple super advice team is ready to help you with expert advice
about choosing the right investment option, making extra contributions,
sorting out your insurance inside your super and more.
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* * Whatever wealthy
Your financial goals are as individual as you are. Whatever wealthy
you're after, our expertise across banking, retirement, super and
advice, can help create your tomorrow.
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HOME LOANS, FOR WHATEVER WEALTHY YOU WANT
Whether you're looking to buy, refinance or invest, AMP can help make your
wealthy happen.
Apply online
WE NEED TO TELL YOU ABOUT AN ADVERSE PUBLICITY ORDER
On 19 May 2023, the Federal Court ordered AMP to pay a pecuniary penalty in
connection with the deduction and retention of life insurance premiums and
advice fees from the superannuation accounts of deceased customers throughout
the period spanning 26 May 2015 to 31 August 2019.
See the full adverse publicity order below.
RETIREMENT, FOR WHATEVER WEALTHY YOU WANT
Whatever retirement you’re after, whether it’s peace and quiet, family and
friends, or the open road, AMP is here to help.
Learn more
SAVING, FOR WHATEVER WEALTHY YOU WANT
Get what you're saving for faster. Deposit at least $1,000 in the previous month
and you'll earn a 5.00% pa ongoing variable rate1.
Open account
OUR RANGE OF PRODUCTS
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Everyday accounts
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Savings accounts
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Home loans
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SMSF bank accounts
*
Term Deposits
*
Superannuation
*
Retirement
*
Insurance
*
Investments
INSIGHTS
ECONOSIGHTS - FINANCIAL LITERACY GENDER GAP
31 July 2023 | Blog More than one third of adults in Australia are financially
illiterate, with opportunities for improvement. There is also a gender gap in
financial literacy in Australia. Women tend to have lower financial literacy
than men. In Australia, the gender gap is larger compared to our global peers.
Read more
WEEKLY MARKET UPDATE 28-07-2023
28 July 2023 | Blog Fed & ECB at/near the top; BoJ tweaks yield control; Aust
inflation falling too; RBA to hold after lower inflation & retail sales but its
a close call; and more. Read more
OLIVER'S INSIGHTS - LEADING AND LAGGING INDICATORS
25 July 2023 | Blog This article takes a look at the currently confusing
economic landscape with some indicators being very strong and others very weak.
Read more
LOOKING FOR ABN, RSE, SFN & USI/SPIN?
These details are for superannuation and retirement products to help you
complete a choice of fund form.
Find fund details
GET THE HELP YOU NEED
SERVICES
* Manage your accounts online
* Make a complaint
* Find your lost super
* Make an insurance claim
FAQS
* How to find your fund details
* How to manage your AMP Bank account
* How to contribute to your super
* How to take your super with you when changing jobs
TOOLS AND CALCULATORS
* Budget planner calculator
* Home loan repayment calculator
* Retirement needs calculator
ADVERSE PUBLICITY ORDER
The Federal Court of Australia has ordered AMP Superannuation Limited, NM
Superannuation Proprietary Limited, AMP Financial Planning Proprietary Limited
and AMP Life Limited (the AMP Entities) to publish this written adverse
publicity notice.
On 19 May 2023, Justice Hespe of the Federal Court ordered AMP Life Limited (AMP
Life) and AMP Financial Planning Proprietary Limited (AMP Financial Planning) to
pay a total pecuniary penalty of $24 million in connection with the deduction
and retention of life insurance premiums and advice fees from the
superannuation accounts of deceased customers throughout the period spanning 26
May 2015 to 31 August 2019 (the Relevant Period).
Justice Hespe imposed the $24 million pecuniary penalty after declaring that the
conduct engaged in by AMP Life and AMP Financial Planning:
(a) was, in all of the circumstances, unconscionable; and
(b) involved the acceptance of insurance premiums and advice fees when, at the
time of accepting those fees, there were reasonable grounds to believe that they
could not supply financial services to the deceased customers.
Justice Hespe also declared that, by the conduct:
(a) the AMP Entities failed to do all things necessary to provide financial
services fairly, honestly and efficiently; and
(b) AMP Life and AMP Financial Planning failed to comply with financial services
laws.
A total of $601,767.87 in advice fees and premiums were incorrectly deducted
and/or not refunded to 2,156 customers during the Relevant Period.
The AMP Entities made admissions of contravention in the proceeding. Prior to
the proceeding, the AMP Entities conducted a remediation program in which
$5,255,105.10 in fees and lost earnings were provided to the representatives of
deceased customers. This remediation program was for a broader customer base
than the 2,156 customers that were subject of the proceeding (and included
remediation for deceased customers impacted prior to the Relevant Period).
The conduct the subject of the proceeding affected 2,156 customers of the
following products during the Relevant Period:
(a) Flexible Lifetime Super;
(b) Custom Super;
(c) Signature Super;
(d) Super Leader (pursuant to the AMP Superannuation Savings Trust);
(e) AMP Flexible Super (pursuant to the AMP Retirement Trust);
(f) Tailored Super;
(g) Simple Super;
(h) Super Directions for Business; and
(i) Super Directions Rollover Section (also known as NMRP Super Directions).
Further information
The above conduct contravened the following financial services laws:
(a) sections 12CB(1) and 12DI(3) of the Australian Securities and Investments
Commission Act 2001 (Cth); and
(b) sections 912A(1)(a) and (c) of the Corporations Act 2001 (Cth).
For further information about the conduct, see the following links:
(a) Justice Hespe’s judgment on penalty;
Australian Securities and Investments Commission v AMP Superannuation Limited
[2023] FCA 488 (fedcourt.gov.au
(b) ASIC media release;
23-129MR Court penalises AMP $24 million for charging deceased customers | ASIC
(c) Statement of facts agreed between the parties.
WHAT YOU NEED TO KNOW
It’s important to consider your particular circumstances and read the relevant
Product Disclosure Statement or Terms and Conditions before deciding what’s
right for you. This information is general only, hasn’t taken your circumstances
into account, and is provided by AWM Services Pty Ltd ABN 15 139 353 496 (AWM
Services), which is part of the AMP group (AMP). Read our Financial Services
Guide for information about our services, including the fees and other benefits
that AMP companies and their representatives may receive in relation to products
and services provided to you. All information on this website is subject to
change without notice.
The issuer of SignatureSuper® is N.M. Superannuation Proprietary Limited (N.M.
Super) ABN 31 008 428 322 (trustee), which is part of the AMP group (AMP).
Before making a decision about the product a person should consider
the SignatureSuper® product disclosure statement available from AMP at
amp.com.au or by calling 131 267.
Credit and deposit products are issued by AMP Bank Limited ABN 15 081 596 009,
AFSL and Australian credit licence 234517. Any application is subject to AMP
Bank’s approval.
Information including interest rates is correct as at 1 May 2023 and is subject
to change without notice. Terms and conditions apply. Fees and charges may be
payable. Before making a decision about the AMP Saver Account you should
consider the terms and conditions available from AMP at amp.com.au/bankterms or
13 30 30.
® SignatureSuper is a registered trademark of AMP Limited ABN 49 079 354 519.
* Terms and conditions apply and are available at amp.com.au/bankterms or by
calling 13 30 30. Fees and charges are payable. In many cases a conditional
approval will be provided immediately after submission. The time to receive a
full unconditional approval will vary. Where only identification is required, an
immediate response to our SMS to complete this could result in an unconditional
approval within an hour. Unconditional approval could take longer if we need to
seek clarifications from you, or if we need to undertake a physical inspection
of your property. The speed of response is also dependant on the time a second
applicant takes to confirm their application details, and for all applicants to
complete the biometric ID check.
1Up to 5.00% pa ongoing variable rate on balances up to $250,000 and is subject
to change without notice. For Accounts opened from 1 April 2021, offer is
limited to one account per person. For any portion of the balance over $250,000
and up to $5,000,000 the interest rate reverts to the AMP Saver Account standard
rate only. The maximum ongoing balance per customer name is $5,000,000. Terms
and conditions apply. Fees and charges are payable. Any application is subject
to AMP Bank’s approval. A target market determination for this product is
available at www.amp.com.au/bank/tmd. To learn more about the AMP Saver Account,
see the product page.
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